How to Get Your Employer to Pay for Online Masters Degrees


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There are many things which come together to make for a successful business enterprise. These things are conveniently divided into four key managerial
segments or functional areas of business including the production, marketing, human resource development and finance.

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How to Get Your Employer to Pay for Online Masters Degrees

  1. 1. ==== ====The Truth About Managing Change: ====Technology is the touch phrase of todays tough job market. To remain competitive, companiesmust stay abreast of ever-evolving market trends. Most businesses cannot afford to divertsufficient resources from revenue generation to continuous market surveillance.Failure to do so, however, adversely affects the bottom line. Many shrug their shoulders in silentsurrender. Little do they know that a ridiculously simple solution to their stymies exists. Students,pay special attention as class commences with an odyssey into inducing employer interest infinancing online masters degrees.A mutually interesting propositionNo matter how much you may hate your boss and silently wish for his or her slow and painfuldemise, the truth is that you have many common interests. One of these is in higher education. Ithas been repeatedly proven that educated personnel are much more efficient. Disciplined,analytical minds make better management; overall productivity proliferates profusely; businessbottom lines are buttressed.The big catch-22Until recently, the primary obstacles for many seeking higher education have been money andtime. After being in the workforce many years, most executives and working professionals havesubstantial job and family obligations. Today, technology has solved the problem. Without movingso much as a millimeter away from home or work, you may earn the education you need.But what about the money?Okay, okay, so weve solved one major problem. Fine and good; how will you ever afford it? If youare like most, your budget is tighter than pantyhose that are two sizes too small. You know aboutloans, but you just cannot support any more obligations.Uncle Sam to the rescueThere is a white knight riding through the horizon in full armor. If you look very closely, you willrecognize him. Theres the red, white, and blue! Oh, how your heart beats true! Its Uncle Samagain.Because he values education so highly, Uncle Sam has facilitated its attainment for Americasworking folks. Your employer may contribute up to $5,250 per year for your education - tax free! Insome cases, he allows even higher amounts. By not taking his usual cut of your employers profits
  2. 2. on amounts spent for your schooling, Uncle Sam increases employer incentives to invest in you.Of course, employers already have a huge vested interest in wholesale intellectual increasesamong their staff. The superior skills of scholarly types pays off in the long run. Consequently,online masters degrees like MBAs have exploded in popularity.Even if you enroll in a non-degree program to brush up on practical skills or obtain occupationalcertification or licensure, Uncle Sam still extends the tax break. It is a win-win situation. Yourcompany gets to retain benefit of your valuable services while you simultaneously upgrade andimprove them.It does not matter whether you are a minimum-wage minion or an extraordinarily highly-compensated executive. Uncle Sammy does not tolerate such discrimination by bosses. Whatcould be sweeter than this, class?Approaching Your BossIf your boss already offers tuition reimbursement, ask Human Resources or Personnel aboutapplying. If your employer does not offer this benefit, take the initiative right now. Request ameeting. Organize your arguments and present your case persuasively:- Outline the specific degree or program you intend to pursue;- List all the ways your employer will benefit from your education;- Review Uncle Sams special tax breaks that will lighten the load.Its all worthwhile in the endEven if your employer requires you to sign on the dotted line before extending assistance, do nothesitate. Typical stipulations include minimum GPA requirements or remaining in their employ fora certain time period post-graduation. Some employers make periodic payroll deductions withsubsequent reimbursement upon program completion.Get a clear advance understanding of what will occur if illness, job loss, or other circumstancesbeyond your control prevent completing your program. Once you secure a satisfactoryreimbursement plan, keep adequate records. Fully document educational expenditures and retainall relevant receipts.Keep in mind that these "catches" are small prices to pay for escaping the "catch-22" of advancededucational attainment with continued employment maintenance. Signing on any dotted line nowis well worthwhile in the ultimate bottom line you and your boss will both realize. Class is nowover. Go forth and be productive with those new online masters degrees!My Colleges and Careers helps students connect with the best schools to earn their collegedegree and embark on a rewarding career! A powerful resource for individuals of all walks of life,
  3. 3. My Colleges and Careers connects people with the programs that help them earn degrees oncampus or online.Article Source: ====The Truth About Managing Change: ====